Bank of England says individuals borrowed extra £2.1bn in consumer credit in November Credit card borrowing rose at the fastest annual rate for almost two years in November, according to the Bank of England , as households took on debt to finance the rising cost of Christmas. In a snapshot covering the month of Rachel Reeves’s highly anticipated autumn budget , the central bank said individuals borrowed an additional £2.1bn in consumer credit, up from a £1.7bn increase in October. Continue reading... from The Guardian https://ift.tt/GiP1IYO via IFTTT
Which? says inconsistencies also found, with ‘meaningless’ labels making it hard for shoppers to make informed choice
“Misleading” and “inconsistent” labels make it hard for shoppers to know where their food comes from, the consumer champion Which? has said, as it found supermarket chains were selling products with “meaningless” statements on their packaging.
Retailers must supply the “country of origin” for specific foods including fresh fruit and vegetables, unprocessed meats, fish, wine and olive oil but the rules do not generally apply to processed meat or frozen or processed fruit and vegetables.
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